With many first time buyers struggling to overcome the hurdles of saving a large deposit and securing a mortgage, Taylor Wimpey’s Warleigh Village development in Plymouth is providing the ideal solution with its HomeBuy Direct scheme*.
Proving popular with homebuyers, there are now only two homes available under the scheme, thanks to eager purchasers taking advantage of HomeBuy Direct and snapping up their dream home.
A great way for first time buyers to get on the property ladder, HomeBuy Direct gives those with a joint household income of less than £60,000 the opportunity to own their own home. Anyone purchasing with the scheme owns 100% of their home from day one but needs to pay only 70% of the price now, using a low interest equity loan, co-funded by the Homes and Communities Agency and Taylor Wimpey, to fund the remaining 30% of the property.
Janine Davey, regional sales and marketing director, comments: “HomeBuy Direct has helped a number of purchasers onto the property ladder at other developments across the region and we were delighted to be able to offer it at Warleigh Village. The scheme is designed to overcome the hurdles of high mortgage costs and larger deposits, which we know are preventing many people from buying in the current economic climate.
“Now, with 75 per cent of our available HomeBuy Direct properties sold, anyone interested in securing their dream house at Warleigh Village, despite not having the large deposit normally required, should visit us to see how much cheaper purchasing a brand new property with HomeBuy Direct would be.”
Properties currently available at Warleigh Village under the HomeBuy Direct scheme include the Chichester three bedroom semi-detached house. Normally priced from £169,995, buyers can secure this home for just £119,000.
The Chichester is an ideal home for growing families as it offers practical yet affordable living space, comprising a contemporary open plan living area with French doors leading onto the garden, a well-equipped kitchen with integrated appliances, the master bedroom with en suite, two further generous bedrooms and a spacious family bathroom.
Warleigh Village offers buyers the best of both worlds. Situated on the northern edge of Plymouth, many plots have great views across the local nature reserve while others enjoy views across to Dartmoor. The development is also within easy reach of the amenities of Plymouth city centre and is close to bus routes and the park and ride offering fantastic edge-of-city living.
* Available on selected properties only. Terms and conditions apply.
See Also: Property News (6699), HomeBuy Direct (62), Taylor Wimpey (1857), Warleigh Village (14), Homes and Communities Agency (22)
Date Published: 15 December 2009
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